This proposal aims to reduce medical expenses by increasing competition and expanding consumers’ choices.
This expansion is one of the actions that Roy can remove government subsidies and regulations and increase the number of healthcare services and increase competition to make Americans healthier.
“The Trump administration and the Republican members of the Congress have provided transformed reforms in our health care system and have the opportunity to” make the United States again “,” Roy wrote.
His plan will remove who is eligible to participate in HSA, how much tax shelter can be donated, and what can be used.
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The critic of the HSA program says that while low -income Americans do almost nothing to help pay for treatment, they will benefit those who can already buy medical care.
The HSA is currently available only to those who have a high -deduction health insurance plan that defines $ 1,650 for individuals and $ 3,300 for families.
These plans include up to $ 16,600 for family members.
The tax -deduction contributions to HSA are $ 4,300 in the 2025 family plan and $ 8,550 for family planning.
Contribution restrictions are adjusted for inflation, but Roy does not support costs.
“They don’t even cover the average annual deduction for both individuals and family reports,” Roy wrote.
Opposition discussion
His plan raises the limit of $ 24,000 for an individual and a family of $ 24,000, and raises the limit of catchup contributions between 55 and 65 -year -olds from $ 1,000 to $ 5,000.
This proposal has begun to be eligible for nearly 88 million Americans registered in other federal health plans, including Medicare, Medicade, and India’s health services, and is covered by those who are covered through the veterans. I will do it.
ROY plans are allowed to use HSA funds for health insurance premiums, and health care expenditures can increase tax -free share.
Healthcare professionals work on August 9, 2021 near the ambulance area of Orange, California. John Fredrix/Epoch Times
“Contributions can be invested in stocks and bonds, generating tax -exempt revenue, and withdrawal is not subject to tax if they are used for medical expenses considered to be” qualifications “based on the Federal Tax Rules. “
The average contribution to HSA was $ 927 below the maximum of $ 927, and the family permission was lower than $ 4,527.
“Everyone can benefit from the status of triple tax defended,” Roy wrote, and ZIP, which is a median household income of less than 100,000 HSA holders of less than 100,000 per year. I quoted data indicating that I live in the code.
Republican members tried to expand the HSA program in 2023.
HSA critics have generally supported the increase in government intervention in the medical system.
Other proposals
Roy has provided other proposals to reduce health care costs, including some people aimed at improving Americans.
“The United States is actively assisting us sick foods. This is full of $ 30 billion a year,” Roy wrote.
“Due to preventive diseases such as specific cancer supplying fuel due to severe incentives of heart disease, diabetes, and severe medical systems, more than one million Americans will live every year.”
Roy has also proposed to limit the integration of the hospital and the merger of insurance companies with other service providers.
Other proposals are to increase consumers’ choices in risk management, including a method that includes cost -shared organizations as replacement for health insurance, catastrophic health insurance, and short -term health insurance.
Modification: In the earlier version of this article, the name of Beth Van Duin was wrong. Epock Times regrets the error.
